Average price increases 14 to 25 per cent
Dale Molnar · CBC News
When it comes to used cars it’s a seller’s market. Mickey Cleroux is seeing it first-hand.
“Our customer base has gone up. We’ve started to see a lot more customers, probably, I would say, about a 10 per cent increase,” said Mickey Cleroux, Automax sales manager.
The scarcity of new cars due to a microchip shortage has driven more customers to the east-end dealership. The chip shortage has also caused used car prices to spike.